The WLFI token, supported by the Trump family, is showing signs of a rebound after recent market declines. The recovery follows a new buyback-and-burn plan introduced by World Liberty Financial, which has gained strong community approval.
WLFI has climbed 3% in the past 24 hours, reversing part of its earlier price drop. The move to use liquidity fees for token buybacks is being closely followed across the digital asset market.
Trading data shows that WLFI has gained 3% after falling to an all-time low of $0.1614. The token is now trading close to $0.20 but remains down nearly 50% from its September peak of $0.46.
The drop was linked to reports of rule violations among early investors. One high-profile case involved Justin Sun, who was accused of selling $9 million worth of WLFI tokens despite a no-sale policy. The project responded by freezing his wallet and other large holders, affecting more than $3 billion in locked and unlocked tokens.
Following the freeze, Sun stated he would buy $20 million worth of WLFI. His move helped stabilize market sentiment. However, the market recovery also reflects internal decisions by the project’s team to address liquidity and supply issues through structured plans.
World Liberty Financial has proposed using 100% of its treasury liquidity fees to buy WLFI tokens from the market and burn them. This would lower the total token supply over time, aiming to increase value per token with each burn.
Community governance has strongly backed the plan. Voting results show that more than 99% of participants support the proposal. The burn process is expected to be fully transparent and tracked on-chain.
The project has already burned 47 million WLFI tokens during an earlier burn. The team says all future token burns will be reported to the public. The goal is to align long-term supply reduction with community interests and trading activity.
WLFI was launched on September 1 and quickly attracted attention due to its Trump association. It secured listings on Binance, KuCoin, and Bitget soon after its launch. These listings helped improve access and trading volume.
Within days, daily trading volume reached $580 million, with strong demand from investors in Asia and the Middle East. WLFI’s listing on major exchanges also provided retail investors with more exposure to the token.
Source: TradingView; WLFI Price Daily Chart
Despite early interest, market performance was unstable, leading to the recent drop. However, ongoing measures such as the buyback plan and stricter investor policies are now being seen as steps to restore market trust.
In addition to the WLFI token, World Liberty Financial has launched a stablecoin named USD1. It is now live on the Solana blockchain. This marks the group’s entry into stable digital assets and further expands its ecosystem.
The launch of USD1 comes as the team continues to build infrastructure around WLFI. The stablecoin is expected to support use cases across the network and may contribute to future liquidity management strategies.
The current recovery in WLFI’s price, supported by the buyback initiative, suggests renewed investor attention as the team continues to develop the project’s features.
The post Trump-Linked WLFI Sees Price Recovery as Buyback Program Gains Votes appeared first on CoinCentral.
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